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On Monday, markets began the week on a defensive footing following the announcement of a possible blockade of the Strait of Hormuz by the US.
US-Iran talks in Pakistan ended without agreement, escalating tensions over the Strait of Hormuz.
KEY POINTS
- Donald Trump announced intentions to block the Strait of Hormuz and target Tehran-linked vessels.
- Norges Bank Investment Management will use its 2.4% MPS stake to support PLT Energia's board list.
- Plenitude completed acquisition of 100% of Acea Energia and 50% of Umbria Energy, gaining 1.2 million customers.
- Seco and Hitachi Energy signed a multi-year agreement to integrate Clea into Energy Connect platform.
COMPANIES
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